For saleSingle family

$250,000

827 Lafond Ave

Saint Paul MN 55104

4 beds, 1.5 baths, 1,760 sqft

827 Lafond Ave is a 4 beds, 1.5 baths, 1,760 sqft single family home for sale at $250,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,300/mo and returns $515/mo a month at a 9.1% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,300/mo
Monthly cash flow
$515/mo
Cap rate
9.1%
Cash-on-cash
12.4%
Max offer
$250,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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